CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Husky Energy (TSX:HSE)(TSX:HSE.PR.A) has agreed to issue to a syndicate of underwriters led by Scotia Capital Inc. and TD Securities Inc. (collectively the "Underwriters") for distribution to the public 8,000,000 Cumulative Rate Reset Preferred Shares, Series 3 (the "Series 3 Shares"). The Series 3 Shares will be issued at a price of $25.00 per Series 3 Share, for aggregate gross proceeds of $200 million. Holders of the Series 3 Shares will be [Read more]
Pan Orient Energy Corp.: 2014 Third Quarter Financial & Operating Results
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Pan Orient Energy Corp. ("Pan Orient") (TSX VENTURE:POE) is providing its 2014 third quarter consolidated financial and operating results. Please note that all amounts are in Canadian dollars unless otherwise stated, converted using foreign exchange rates at September 30, 2014 where applicable, and BOPD refers to barrels of oil per day net to Pan Orient. The Corporation is today filing its unaudited consolidated financial statements as at [Read more]
Petro One Update on Financing and Drilling Program
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 1, 2014) - Petro One Energy Corp. (TSX VENTURE:POP)(FRANKFURT:C6K1) reports that KMDC Resources Ltd. ("Resources"), a subsidiary of Korea Myanmar Development Company Ltd. ("KMDC"), has forfeited 2,600,000 shares and 2,600,000 warrants to the Company pursuant to the arrangement described in the Company's November 3, 2014 news release. The shares and warrants were issued to Resources on October 7, 2014 for $650,000, which the Company will now retain [Read more]
Bonterra Energy Corp. Confirms Cash Dividend for November 2014 Payable December 31, 2014
CALGARY, ALBERTA--(Marketwired - Dec. 1, 2014) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the November 2014 monthly cash dividend will be $0.30 per share and will be paid on December 31, 2014. The record date for the dividend is December 15, 2014 and the ex-dividend date is December 11, 2014. The dividend is paid monthly and is subject to commodity prices and production levels. The dividend is considered an "eligible dividend" for tax purposes. [Read more]
Artisan Energy Announces Final Closing of Private Placement
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) is pleased to announce that in connection with its recently completed acquisition of MOGL Corp. and Spur Energy Corp., and in addition to the previously announced initial private placement closing, it has completed the final closing of its non-brokered private placement (the "Private Placement"). Artisan issued 4,400,000 units of Artisan ("Financing Units") at a price [Read more]
Spyglass Resources Corp. Announces Sale of Red Earth Property
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - All values are in Canadian dollars unless otherwise indicated. Conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1. Spyglass Resources Corp. ("Spyglass", or the "Company") (TSX:SGL) (OTCQX:SGLRF) announces that it has entered into a purchase and sale agreement to sell its Red Earth assets for $12.3 million (prior to normal closing adjustments). The transaction closed November 28, 2014 and the proceeds will be [Read more]
Huntington Corporate Update – Cancellation of Non-Brokered Financing
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Huntington Exploration Inc. ("HEI" or the "Corporation") (TSX VENTURE:HEI) announced today that, further to its press release dated October 30, 2014, the Corporation has cancelled the previously announced non-brokered private placement offering of units, due to unfavourable market conditions. HEI is an exploration-focused Corporation actively pursuing opportunities in the oil and natural gas business in the Western Canada sedimentary [Read more]
Tuscany Reports Significant Financial and Operating Improvements for the Nine Months Ended September 2014
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Tuscany Energy Ltd. (TSX VENTURE:TUS) - Tuscany is pleased to report on a very successful nine months ended September 30, 2014. Highlights of the period were: Revenues increased to $12.9 million from $6.8 million reported for the prior year. Cash flow increased to $6.2 million from $2.1 million in 2013 and net earnings increased to $836,000 from a loss of $961,000. Production averaged 696 BOEd from the 402 BOEd reported in the prior [Read more]
Contact Announces Results for the Three and Six Months Ended September 30, 2014
CALGARY, ALBERTA--(Marketwired - November 28, 2014) - Contact Exploration Inc. ("Contact" or the "Company") (TSX VENTURE: CEX) is pleased to announce that today it has filed its interim condensed consolidated financial statements as at and for the three and six months ended September 30, 2014 and the related management's discussion and analysis ("MD&A") on the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") website at www.sedar.com. President's [Read more]
Elkwater Resources Ltd. Provides Operational Update and Announces Third Quarter 2014 Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 28, 2014) - Elkwater Resources Ltd. ("Elkwater" or the "Company") (TSX VENTURE:ELW) announces that it has filed on SEDAR its third quarter unaudited condensed interim financial statements and corresponding Management's Discussion and Analysis ("MD&A") for the three and nine month periods ended September 30, 2014. The financial statements and MD&A will be available on SEDAR at www.sedar.com and on Elkwater's website at [Read more]
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